Former SVG Capital chief Lynn Fordham is plotting a return to deal-making with a new private equity fund. The well-connected City figure, who led FTSE 250-listed SVG until a 2016 takeover, has quietly launched Larchpoint Capital. It plans to invest in EU and US private equity funds and UK-focused firm worth up to £100 million. The London-based firm, which employs several former SVG execs, is understood to have already raised a fund from institutions and wealthy investors. It declined to comment. Fordham, pictured, came to prominence during a tense three-way takeover battle for SVG in 2016. The former oil industry executive triggered a bidding war after initially turning down a £1 billion bid from HarbourVest, driving the price up by £100 million. HarbourVest finally beat Goldman Sachs and Pomona Capital to land the deal.